Caterpillar 262D3 vs Takeuchi TL240: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $23,877 for the Takeuchi TL240. That's a $11,056 difference. Based on 42 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Takeuchi TL240 is the better value buy for most Canadian buyers, averaging $11,056 less than the 262D3.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →Takeuchi TL240
CTL$23,877 CAD avg
$7,937
Low
$45,540
High
26
Sales
Avg 3,982 hours · 2008–2012 model years
Full price guide →What are the key differences between 262D3 and TL240?
- Price: The TL240 is $11,056 cheaper on average (32% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while TL240 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262D3s average 3,424 hours while TL240s average 3,982 hours.
Both Caterpillar and Takeuchi retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or TL240? Check current listings with Deal Scores.
Which is the better value: 262D3 or TL240?
Choose the Caterpillar 262D3 if:
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the Takeuchi TL240 if:
- You want lower upfront cost ($11,056 savings)
- You work on soft ground, mud, or uneven terrain
- You prefer Takeuchi's dealer network and parts availability
How do 262D3 and TL240 prices compare by year?
| Year | Caterpillar 262D3 | Takeuchi TL240 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2012 | — | $24,635 (8) |
| 2011 | — | $33,857 (4) |
| 2010 | — | $21,417 (6) |
| 2008 | — | $19,973 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and TL240 prices compare by hours?
| Hours | Caterpillar 262D3 | Takeuchi TL240 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 2,000-2,999 hrs | $42,560 (6) | $32,173 (8) |
| 3,000-3,999 hrs | $30,387 (2) | $23,874 (8) |
| 4,000+ hrs | $31,531 (7) | $17,242 (10) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or TL240 in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
Takeuchi TL240
No active listings right now.
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